U.S. slaps huge duties on solar goods from China

On Tuesday, the United States confirmed steep import duties on solar products from China and Taiwan in a decision that could inflame trade tensions between the two countries. The US decision will affect all companies including China’s Trina Solar Ltd and Suntech Power and Taiwan’s Motech Industries Inc, which means Chinese producers face anti-dumping duties as high as 27.55 %. China’s Commerce Ministry expressed “serious concern” on Wednesday and vowed to protect its interests in the WTO framework and the U.S. judicial system.